855.375.4001
Listed by sgolis@radiusgroup.com - Steven Golis - Radius Group Commercial RE
$3,975,000 affordable loan icon Calculate Payment

6575 Segovia Road Isla Vista, CA 93117

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Cluster Residence
Beds
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... Bed/Bath
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Last updated on 12/4/2024 7:41 PM
6675 Segovia Rd is an outstanding investment opportunity in the vibrant and dynamic community of Isla Vista. This multifamily property, built in 1964, is perfectly positioned within Isla Vista, offering huge upside potential for investors seeking to capitalize on the strong demand for student housin...g from UCSB and SBCC students.The building consists of 12 units, all featuring 1-bedroom and 1-bathroom layouts. Parking facilities include 12 enclosed parking spaces, generating $5,760 in annual parking income, adding further value to this investment. Each unit is designed to provide comfortable and efficient living spaces, ensuring high occupancy rates and low maintenance for property management.Located in the heart of Isla Vista, this property is ideally situated to meet the housing needs of UCSB and SBCC students, offering convenient access to campus facilities and local amenities. With its robust rental income, strategic location, and significant growth potential, 6675 Segovia Rd is an excellent addition to any investment portfolio.Seize this opportunity to invest in one of Isla Vista's prime multifamily properties, designed for student living and positioned for substantial returns. Please contact to schedule a tour. Continue reading
MLS#
V1-25299
Property Type
Cluster
Year Built
1964
Lot Size
0.28

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Listed by sgolis@radiusgroup.com - Steven Golis - Radius Group Commercial RE
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 12/4/2024 7:41 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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